Sandhills Independent School Corp

Analysis

Sandhills Independent School Corp is a registered charity in United States, based in Southern Pines, NC. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sandhills Independent School Corp reported income of $10.2m and spending of $10.6m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.4m to $10.2m (+21%), an average of +5.0% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sandhills Independent School Corp sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Maef Public Charter Schools Incorporated ($10.2m), Brighten Academy Inc ($10.2m) and Healthy Start Education Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $432k (4.1% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $9.7m against liabilities of $3.3m, net assets of $6.4m. It reported 223 employees.